Banknifty Intraday Analysis for 8th July 2024

Maximum Call writing near CMP is at 53000 strike with 22.84 Lakh followed by 21.90 Lakh at 54000 Strike and 19.63 Lakh at 53500 strike and Put writing of 18.57 Lakh at 52500 Strike followed by 17.11 Lakh at 52000 Strike and 14.41 Lakh at 50500 strike. Index is closed near 52660 level.

Index has resistance near 52700 - 52800 range and if index crosses and sustain above 52800 level then may reach near 53100 - 53300 range. If Index crosses and sustain above 53300 level, then may reach near 53500 level.

Index has immediate support near 52250 - 52000 level and if this support is broken then index may tank near 51850 – 51800 range.

交易結束：目標達成

Open flat and faced resistance near 52700 level then tanked to low near 52250 level with close near 52470.